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Introduction
TACO.NACO NFT
NACO NFT is an experiment into the GameFi. NFT is now regarded as a digitalized ownership of art in most use cases, while NACO enabled Ownership, Creation(Casting), Mining, Auction and Trading for an NFT, so its utility goes beyond just ownership.
NACO NFT is a use case based on ERC-721, the NFT Protocol proposed by Naco, and it combines the concept of Game and Finance. To facilitate more use cases and mass adoption, this very protocol separated the ownership and utility. Now NACO's NFT modules include Casting (Asset Creation), Market (Trading), Lending and etc... The team invites all blockchain fundamentalists to this adventure where we explore how NFT works. Your view, intellect and help are much appreciated.
You can trade NACO NFT on:
  • Treasurland : ​TBA
  • NACO NFT Market: TBA

NFT Glossary

  • Five Grades: SILVER, GOLD, PLATINUM, DIAMOND, KRYPTONITE
  • Productivity: Every NFT has its productivity. Productivity is one of the core factors of mining efficiency
  • Par Value: Value of Naco for minting NFT
  • Mining Efficiency: The core factor of mining speed
  • Power: The core factor of mining yield (Power = NACO Par Value * Mining Efficiency)
  • Decomposition: Users can decompose NFT to token locked in the process of creation.

NFT Casting

Users can mint NFT with any number of NACO BEP20 based tokens. To uphold fairness, the grade of NFT is randomized in the creating/minting/casting process. NFT can be decomposed to NACO BEP20 based tokens locked in the process of creation.
NFT can be staked into the mining pool to obtain NACO
Grade
Productivity
Mining Efficiency
SILVER
5000-8000
1.2+ 0.1*(Productivity-5000)/3000
GOLD
8000-9000
1.3+ 0.1*(Productivity-8000)/1000
PLATINUM
9000-9800
1.4+ 0.2*(Productivity-9000)/800
DIAMOND
9800-9980
1.6+ 0.2*(Productivity-9800)/180
KRYPTONITE
9980-10000
1.8+ 0.2*(Productivity-9980)/20
Power = NACO Par Value * Mining Efficiency
Tiers:
Tiers
Range
T1
200<x≤500
T2
500<x≤1000
T3
1000<x≤2000
T4
2000<x≤5000
T5
5000<x≤9998
T6
9999
*The Tier Factor is related to future product of Crafting and more.
  • In the original mine where users mine NACO token, If tokens staked for minng stay "staked" for less than 7 Days, 10% of the rewards are deducted if you choose to Harvest then the deducted rewards will be transfered to the Dividend Pool. Other mines might differ.
  • In the original mine where users mine NACO token, Mining Production halved in every 30 days. Other mines might differ.
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NFT Glossary
NFT Casting